PROTON SIGNS COLLECTIVE AGREEMENTS WITH WORKERS UNIONS

The three-year agreement will be from Jan 1, 2007, to Dec 31, 2009, and incorporated
new and enhanced financial and social benefits for members of the unions, Proton
Holdings Bhd said in a statement.
<p>Its managing director Syed Zainal Abidin Syed Mohamed Tahir said the agreements
resulted from a good understanding of each others’ needs and the professional
working relationship between Proton and the workers unions.</p>
<p>&quot;The spirit of philosophy in which the new agreements were drafted, was
designed to allow Proton to remain as a competitive employer in the local automotive
industry,&quot; he said.</p>
<p>Syed Zainal Abidin said the objectives of the agreements were to create a motivated
and skilled workforce and obtain employees’ commitment towards increasing productivity.</p>
<p>This, he said, will create a harmonious industrial climate and cultivate awareness
among all employees on the consequences of the National Automotive Policy.</p>
<p><i>Source: The Financial Times Limited</i>